InvestorsHub Logo
Followers 52
Posts 7849
Boards Moderated 2
Alias Born 07/15/2002

Re: Andy R post# 17480

Wednesday, 01/03/2007 3:14:56 PM

Wednesday, January 03, 2007 3:14:56 PM

Post# of 19037
yesterday going into the close I lightened up considerably on my more liquid energy stocks for one reason-- the heatwave in the North East.

I figured after seeing Fox News, CNN, Global and CBC reporting on the warm weather, the stocks could do one of two things-- go up, because the news is factored in, or go down because the news isn't factored in.

Short or long, I didn't know what direction the markets would take these stocks until I seen the open this morning.

fwiw, I'm still holding those not too liquid issues I mentioned earlier on.

...as for everything else-- the fed minutes and their concern about an economic slowdown.

-- that should hit the world markets when they open later on.


FP........................................................

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.